Students majoring in Economics, Business Informatics or Management can take microeconomics as a foundation course. How do you start an economics paper. What topic should you choose? How do I choose the right topic? This article will inspire you and help you select the right topic to write your microeconomics research paper.
5 Things you Should Know To Write A Paper In Microeconomics
Let me start by giving you some tips to help you write your research paper. Enjoy!
1) Polarity is the hallmark of microeconomics. Different economists may have different opinions on one aspect of microeconomics. There are many “schools” that cover both macro and microeconomics. When you look at a phenomenon, it is important to take this into consideration.
2) Don’t confuse macroeconomics with macroeconomics The distinction between macroeconomics & microeconomics is obvious. Microeconomics studies economic behavior as a whole and macroeconomics studies economies in particular.
3) Many original sources are available in microeconomics, including papers by economists from XIX and XX centuries. They cover a variety of phenomena. These papers are easy to comprehend, too. These works can be used as literature sources to make your microeconomics research paper better.
4) Microeconomics can be described as an exact science. Any concept or phenomenon could be described using graphs. Include them in your paper!
5)Microeconomics can be funny. Microeconomics can be used to analyze any moment in your daily life.
To gain a better understanding on a topic, we recommend that you read Harvard’s writing tips to economic research papers.
Areas of Research in Microeconomics
Let me start by briefly introducing microeconomics. You will first need to select a broad area to focus your research on, then choose a question that interests you. How can microeconomics be applied to these areas?
– Microeconomic basics (Object, Principles and Subjects of Study)
– Market economy: Supply and Demand
– A market situation in which many businesses are selling identical products or services and buyers have the power to freely choose which one to purchase.
– Incomplete competition
The unpredictable nature of the economy
Theory of Firm
– Theory and production
– The labor market
– Capital Market
– Land Market
– Entrepreneurship
– Market Imperfection
100 Microeconomics Topics
There are so many topics to choose from! We’re sure you’ll find one that interests you the most.
– Forming and developing ideas about the subject economic theory (based on R. Heilbroner’s works and L. Robbins).
– The market’s role in the civilizational process
– Rational Economic Behavior (according To the Works of M. Olson. G. Becker. G. Simon. O. Williamson. T. Skitovski): Examples from the Economics Practice of USA
– Subjective Revolution in Pricing: The Theory of Marginal Utility
– Comparative analysis of cardinal as well as ordinal approaches to the theory about consumer choice
– Market equilibrium: dynamic and static market efficiency
– Analyse of exclusions to the law of demande (based on H. Leibenstein’s work)
– The economic character of the firm and its purpose (R. Coase’s article “Nature for the firm”).
– An example of a firm’s production costs.
– Perfect competition in a market economy
– The role of economic decision making and the concept of elasticity in demand
– The market model that allows for imperfect competition and maximizes profit under monopoly conditions according to J. Robinson’s book “Economic theory on imperfect competition”
– The notion of producer surplus and consumer surplus in the contexts of imperfect and perfect competition. Monopolization and “pure” loss
Theory and practice for price discrimination in the US and EU economies
– Regulation of USA and foreign activities by natural monopoly.
– Economics theories of oligopolistic price. “Broken Demand Curve” and other formal models of Oligopoly
– Maximization of profits (according J. Stigler’s Theory of Oligopoly).
– The market of monopolistic, product-differenceable competition (according E. Chamberlin’s Theory of Monopolistic Competition).
Antitrust regulation of a market economy: experiences from the US, Russia, or other countries
– Asymmetric Information and Negative Market Selection
– The theory behind transaction costs in a firm: institution analysis (based on R. Coase and O. Williamson’s works)
– The theory and practice of marginal productivity for production factors (according J.B Clarke’s work “
The Theory of Wages, Interest and Profits: How Wealth is Distributed”
– The issue of cost minimization on the production markets
Maximizing firm profits in the short-term in markets of factors for production (in the context of imperfect and perfect competition).
– The Causes and Differentiation in Wage Rates
– The natural resource and rent market. The USA’s natural economy
Schumpeter on entrepreneurship as an important factor in production
– The modern concepts of profit, according to F. Knight’s works and J. Schumpeter’s work.
– Market failure is manifested by external effects. Coase’s Theorem (based upon R. Coase’s “Firm Market and Law”)
– Human capital and the role it plays in modern economic life
– Effect and Efficiency: Technical, Economic and Socio-economic Efficiency
– The evolution of labor relationships in Japan and the US: the generalities and the differences
– Consumer Theory – Individual Behavior
– Risks and self control: The consumer’s choice to buy addictive goods.
– Individual behavior: Manufacturer theory (technology. Cost minimization. Profit maximization).
– Coase’s Theorem and Practical Aspects of Its Application
– An estimate of the elastic supply and demand to support entrepreneurial practice.
– The exchange economy’s general equilibrium: L. Walras (V. Pareto), F. Edgeworth
– The US economy’s role in large companies and how to improve their efficiency
– The importance and role of small businesses, the current economic situation of the United States
– Factors that affect the production scale
– Competitive strategies of service firms – Key features
– National economy growth is influenced by rapid-growing firms.
– The firm is an incomplete contract. The Grossman Hart theory.
– Neoclassical theory about the firm
– Mergers & Acquisitions: Practical and theoretical aspects
– Company’s price strategy in the context of imperfect competition
– Strategic interactions among firms: Competition based on production volumes (capabilities), or competition based purely on prices
– The advantages of a networked business organization
– The key to a firm’s viability and success in the new economy is the transaction costs
Advertising can be used to reduce transaction costs
– Development prospects and the transactional economy.
– A key feature in the development of network businesses in global practice
– The benefits of contract production to improve the competitiveness of modern firms
– Modern features for franchising development USA experience and world experience
– The rising competitiveness and importance of USA companies’ customers
– Lagrange and the possibility to use it in calculating equilibrium for the consumer
– Transaction costs to lower uncertainty in the external environment
– Trends of the formation and evolution of the “knowledge industry”: US experience and foreign practice
– The importance and elasticity of demand and supply for entrepreneurs
– Formation and demand for consumer goods on the market, taking into account elasticity
– The product’s differentiation is a key factor in non-price competition
– Competitive strategies of large companies in the context “new economy”
– Small business competitive strategies
– Strategic interactions of companies: collusion in the face of oligopolistic competitors
– Bertrand’s Duopoly Model: Content, Comparative Analysis with Duopoly Cournot and Practical Aspects of Use
Stukelberg Duopoly Model: Content, Comparative Analysis with duopoly Cournot and Practical Aspects of Use
– Practical application the maximization rule
– Russian Industry: Labor-saving Technologies
– Microeconomic analysis: A possibility to use game theory in practice
Bertrand’s Model and Price Wars in Oligopolistic Industries. The Cournot model applied to oligopolistic market. Factors that can affect stability of cartel deals
– The main principles and practices of economic welfare theory
– Market structure: Monopoly or Monopolistic Behavior. Modern economy: Oligopoly
Analysis of the WTO’s impact on the USA membership
– Strategic interaction among firms in an oligopolistic market
– Effect of market structure and innovation on incentives
– Concentration on production in domestic industries
– Japan’s Natural Monopoles and Their Place in Japan’s Economy
– Anti-monopolistic regulation theory and practice
– France’s monopolization problem and antimonopoly policies
– Positive and negative effects of price discrimination.
– Antimonopoly regulation by using production concentration indices
– How labor productivity can be used to increase the firm’s competition
– US Labor Market: Features and Functioning
– Factors that affect the supply of labor and the demand for it, taking into consideration specific features of America’s economy
– The problem of fair wages in America: Modern wage systems
– Capital accumulation as the driving force of the modern economy’s monopolization
– The meanings of “long cash” and the Russian economy’s development.
– The sign of modernization of an economy is the diffusion of capital.
– Rent relationships in a market economy modern
– The unique functioning of companies organized under the banner of franchising: US practice and world experience.
– Bureaucracy and its impact on socio-economic growth.
– Behavioral economists: critique of the idea of rational decision
– The theory and motivation of agents in the relationships of the principal-agent.
– The Ginny indicator’s dynamic as a reflection the problem of income inequality
– Methods to solve market fiasco problems in the contexts information asymmetry
– Information assimilation in developing markets: How to reduce it
– Negative Vertical Externalities: The Problem of Double Marginalization
– Institution formation in transitional and advanced economies
– The Model of Man in Institutional and Neoclassical Theory: Comparative Analysis
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